Kaiser Aluminum Corporation (KALU)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 5.51 | 5.83 | 6.16 | 5.89 | 6.00 | 6.02 | 5.97 | 5.86 | 6.26 | 6.14 | 7.01 | 7.08 | 6.03 | 4.62 | 3.74 | 2.52 | 6.54 | 6.71 | 6.32 | 6.29 | |
| DOH | days | 66.21 | 62.65 | 59.26 | 61.93 | 60.83 | 60.62 | 61.18 | 62.28 | 58.34 | 59.49 | 52.09 | 51.52 | 60.53 | 78.93 | 97.72 | 145.03 | 55.84 | 54.41 | 57.77 | 58.02 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.51
= 66.21
Based on the historical data provided, Kaiser Aluminum Corporation's days of inventory on hand (DOH) have shown some fluctuations over the past several quarters. The DOH figure represents the average number of days it takes for the company to sell its inventory.
From March 31, 2020, to December 31, 2021, Kaiser Aluminum's DOH remained relatively stable, within a range of approximately 54 to 60 days. This suggests that the company was managing its inventory efficiently during this period.
However, there was a significant increase in DOH for the quarter ending March 31, 2021, jumping to 145.03 days. This spike could indicate potential issues with inventory management, such as overstocking or lower-than-expected sales.
The DOH figure gradually decreased over the next few quarters but remained above the initial range seen in 2020 and early 2021. This could signal ongoing challenges in optimizing the company's inventory levels.
As of December 31, 2024, Kaiser Aluminum Corporation's DOH stands at 66.21 days. While there have been fluctuations in the DOH metric, it is essential for the company to continue monitoring and improving its inventory management practices to ensure efficient operations and cost control.
Peer comparison
Dec 31, 2024